Rate of Tax

1. (1) The State Government may, in relation to goods mentioned in Part-E of Schedule-II, fix the tax payable on his taxable turnover, by a dealer under sub-Section (3) of Section 9, at a rate, not exceeding 75%, and subject to such conditions as the State Government may, from time-to-time specify. (2)* The Rate of Tax in relation to goods mentioned in Part-A, Part-B including the

Annexure(s), Part-C and Part-D and Part-F of Schedule-II, shall be at the rate set out

against each Schedule or part thereof. (Substituted by Jharkhand VAT Ordinance, 2011 - w.e.f. 07.05.2011)

1. (3) * The State Government may, by notification, enhance or reduce the respective rate(s) of taxes as specified in any of the Schedule(s) or part thereof, mentioned in sub- section (2) of this section. Provided the State Government may specify any rate for any goods or class of goods with such conditions and restrictions as may be specified in Part - F of Schedule –II. (New sub-section (3) added, by Jharkhand VAT Ordinance, 2011 - w.e.f. 07.05.2011) *(deleted vide notification no. LG 13/leg dated 01.02.2018)

14. * Exemptions —

The sale of goods as specified in schedule-I shall be exempted from tax under this Act subject to conditions and exceptions set out therein. *(deleted vide notification no. LG 13/leg dated 01.02.2018)